The workforce has never been more varied in its preferences, working styles, and location requirements – yet Gallagher’s research shows that 42% of organisations still struggle to create compensation approaches that appeal to this diversity.
From personalised benefits to flexible working in the remote work era, compensation leaders are grappling with how to move beyond a standardised one-size-fits-all Rewards, without losing control of costs and fairness or creating an administrative nightmare.
In our September Reward Community Office Hour, Vaso will be joined by Jenny Packer (Senior Rewards Consultant at Gallagher), Sarah Jefferys (Head of Reward Consulting at Gallagher) and Chris Andrew (Communications Consulting Lead at Gallagher) to explore practical approaches to designing personalised compensation.
The discussion will draw on insights from Gallagher's 2024 UK Benefits Strategy Report, as well as from Ravio's real-time compensation data, tackling challenges like:
- How to balance core benefits for all with flexible options that truly personalise the employee experience
- Strategies to make operationalising flexible benefits manageable rather than an administrative burdensome
- How company size and culture should influence your personalisation approach – the difference in approach for a 50-person startup vs a 5000-person enterprise
- How can companies use the opportunity to reinforce their EVP through effective communication of benefits
As always, there will also be plenty of opportunity to ask your own questions or share experiences with fellow Rewards leader attendees who understand the complexities of modern compensation design.